Funding you earn now, next payment 16:00 UTC−0.0298%/8h= −32.6% APRnext payment −$2.98 per $10,000 · paid last 24h −0.031%
Price spread now: Binance against OKX−0.046%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$800.795% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.046%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Binance is 0.054% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.166%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.98 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EGLD-USDT-SWAP | 4.3860 | 0.0398 | pay 0.0398% / 8h | 5h 51m | $588K | $2.7M | 20x |
| Short | Binance EGLDUSDT | 4.3840 | 0.0100 | get 0.0100% / 8h | 5h 51m | $4.5M | $17.1M | 75x |
OKX EGLD-USDT-SWAP
Binance EGLDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$62.59
- Price spread: −0.046% → +0.009%
- −$5.44
- Slippage, 4 orders
- −$59.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$147.56
- Costs to cover
- 0.795%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 12 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 4 min ago | 2.26 bp | 19.7 bp −$20 | 1889.8 bp −$18.9K | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.13 bp | 17.1 bp −$17 | 50.7 bp −$507 | 291.5 bp −$29.1K | doesn't fit |
EGLD on 12 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0619% | 1h | 4.3957 | +0.222% | $435K | $474K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.553% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDTshort | +0.0100% | 8h | 4.3840 | −0.046% | $4.5M | $17.1M | 75x | |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3820 | −0.091% | $2.6M | $5.9M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.3940 | +0.182% | $446K | $348K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3860 | 0.000% | $4.5M | $2.3M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3860 | 0.000% | $2.8M | $818K | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3890 | +0.068% | $2.2M | $2.7M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.4159 | +0.681% | $17K | $53K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.4190 | +0.752% | $213K | $562K | 75x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EGLD-USDT-SWAPlong | +0.0398% | 8h | 4.3860 | long leg | $588K | $2.7M | 20x | |
| BingX EGLD-USDT | +0.0402% | 8h | 4.3860 | 0.000% | — | $2.8M | — | as long as short |
BingX EGLD-USDT